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Shareholders To Vote On Tellabs Bid

July 18, 1998|By Michael Arndt.

Tellabs Inc. of Lisle said it and Linthicum, Md.-based Ciena Corp. set Aug. 21 as the date for special meetings of stockholders of the two communications equipment manufacturers to vote on Tellabs' $6.9 billion acquisition of Ciena. Tellabs said the Justice Department has cleared the deal.